In last trading session, Digital Turbine Inc (NASDAQ:APPS) saw 3.52 million shares changing hands with its beta currently measuring 2.42. Company’s recent per share price level of $3.18 trading at $0.09 or 2.91% at ring of the bell on the day assigns it a market valuation of $333.92M. That closing price of APPS’s stock is at a discount of -115.72% from its 52-week high price of $6.86 and is indicating a premium of 62.89% from its 52-week low price of $1.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.73 million shares which gives us an average trading volume of 7.03 million if we extend that period to 3-months.
For Digital Turbine Inc (APPS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.04 in the current quarter.
Digital Turbine Inc (NASDAQ:APPS) trade information
Upright in the green during last session for gaining 2.91%, in the last five days APPS remained trading in the green while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $3.18 price level, adding 3.93% to its value on the day. Digital Turbine Inc’s shares saw a change of 88.17% in year-to-date performance and have moved 0.63% in past 5-day. Digital Turbine Inc (NASDAQ:APPS) showed a performance of -41.65% in past 30-days. Number of shares sold short was 4.44 million shares which calculate 0.36 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 40 to the stock, which implies a rise of 92.05% to its current value. Analysts have been projecting 40 as a low price target for the stock while placing it at a high target of 40. It follows that stock’s current price would drop -1157.86% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1157.86% for stock’s current value.
Digital Turbine Inc (APPS) estimates and forecasts
This year revenue growth is estimated to fall -10.38% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 116.64M for the same. And 2 analysts are in estimates of company making revenue of 121.64M in the next quarter. Company posted 112.22M and 117.99M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -121.76% during past 5 years.
Digital Turbine Inc (NASDAQ:APPS)’s Major holders
Insiders are in possession of 5.70% of company’s total shares while institution are holding 52.25 percent of that, with stock having share float percentage of 55.41%. Investors also watch the number of corporate investors in a company very closely, which is 52.25% institutions for Digital Turbine Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at APPS for having 8.34 million shares of worth $13.85 million. And as of 2024-06-30, it was holding 8.2643 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 6.73 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.6696 of outstanding shares, having a total worth of $11.18 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 3.07 shares of worth $9.77 million or 2.93% of the total outstanding shares. The later fund manager was in possession of 2.72 shares on Dec 31, 2024 , making its stake of worth around $8.64 million in the company or a holder of 2.59% of company’s stock.